Hey BP, I am wondering if the is anyone who can give me some advice on my inevitable foreclosure or short sale of my current residence and bankruptcy. I'm trying to weigh my options and trying to figure next step.
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Wondering if there were any mentors who could examine my numbers on a rental house that I own.I own it outright. Zero liens.Rent: $1553 per month autodeposited Taxes: $8200 per yearManagement: 10%Expenses: $3600 (wate...
Hello All,I'm executing a 1031 exchange in September. I am realizing $300,000 from the sale ($100,000 profit). I'm planning on purchasing new property for around $270,000. That will leave me with $30,000 in "boot" wh...
I have a note in Cleveland that has a judgment on it and 2-3 weeks ago I paid $2k to have our attorney process said judgment to foreclose. He has yet to get back to me with an answer as to how long that process will...
I am completely new to real estate and have never owned a home.How long does it usually take to close a house? Do I buy a house and start making repairs on it for 750 hours right away to qualify?I want to do so to ded...
I hv no real life experience with this exact transaction as buyer,, so appreciate your insight for action..- I'm sitting at kitchen table with seller.- I have a 2 page investor friendly contract, and prepared to use e...
If the game is to sell the lender on why a short sale is better for them, how do I figure out an approximation of what the bank might get at auction if they take a property back?
I am doing the due diligence on a duplex in Central Maine (https://www.realtor.com/realestateandhomes-detail/46-E-School-St_Oakland_ME_04963_M42271-18089?view=qv) trying to determine how much the seller paid for the p...
So last week I tried to get pre approved, because my goal is to house hack but I fell short because my credit and I don’t make enough, so I’m trying to figure out the next step to get my feet wet I have 5k available t...
Hey BPI had a motivated Seller contact me recently in response to an ad I posted on Craigslist and she is very motivated but she owes 50k on the property and the median sales price for homes recently sold in that area...